Rent Power Guarantee is no longer available for purchase. For further information please contact the Rent Power Helpline on 1800 011 999.

First time and long term tenants who are commencing a lease in private residential premises may be eligible for a Rent Power Guarantee.

Rent Power Guarantee is provided by Vero, and acts as a substitute for a residential rental cash bond. It is a guarantee provided to the landlord/property manager for a maximum of nine weeks rent.

Tenants pay a one off upfront fee, with no additional costs. This fee provides the tenant with a Rent Power Guarantee, which covers them for the length of their tenancy at the premises. Thirty three percent (33%) of the fee payable will be refunded upon the expiry of the guarantee where no claim has been made.